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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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How Long do You Have to Pay Into a Life Insurance Policy Before It Pays Out? Life insurance will pay out upon the death of the insured as soon as it is in force. This usually counts as the first premium payment.
In many cases, it takes anywhere from 14 to 60 days for beneficiaries to receive a life insurance payout. But many factors impact this time frame. These include the insurance companys procedures, when the claim is filed, how long the policy was active, the cause of death, and state laws regarding insurance payouts.
How do I file a life insurance claim? Get several copies of the death certificate. Call your insurance agent. He or she can help you fill out the necessary forms and act as an intermediary with the insurance company. Submit a certified copy of the death certificate from the funeral director with the policy claim.
What is the average life insurance payout? The average life insurance payout in the U.S. is about $168,000, ing to Aflac. However, the payout of your life insurance policy will depend on the amount of death benefit that you pay for, as well as any money borrowed against the policy prior to the payout.
As long as the required paperwork is in order and the policy isnt being contested, a life insurance claim can often be paid within 30 days of the death of the insured. However, each claim is different and there may be state regulations that require additional processing time.
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People also ask

How do I file a claim for the death benefit? If you need to file a claim or have questions about a claim, please contact our Individual Claims Department at 1-800-796-3872. Representatives are available Monday through Friday, from 7 a.m. to 4 p.m. PT.
1-800-796-3872 This email form is not secure. Do not use email to transmit financial information, account information, personal information, or balances. Please call us at 1-800-SYMETRA instead.
How quickly do you get a life insurance payout? After you file a claim, you should be paid in 14 to 60 days. In rare cases, the insurance company may take longer to investigate a claim. This usually happens if the insured person dies within the first two years that the policy was active.

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